Inequality, Growth, and Poverty in an Era of Liberalization and Globalization

Edited by Giovanni Andrea Cornia

An extensive review of the literature on inequality changes by country combined with quantitative analysis of trends in inequality indexes based on the World Income Inequality Database (WIID at UNU/WIDER).

Shows that inequality has increased in 70 per cent of the 73 countries studied.

Exhaustive measures of the impact on inequality of various sets of factors, including the Washington Consensus policies.

Assesses the likely impacts of rising inequality on poverty and economic growth.

Inequality, Growth, and Poverty in an Era of Liberalization and Globalization

Edited by Giovanni Andrea Cornia

Description

Based on an extensive review of relevant literature and an econometric analysis of inequality indexes, this volume provides the first systematic analysis of the changes in within-country income inequality over the last twenty years. In particular, it shows that inequality worsened in seventy per cent of the 73 developed, developing, and transitional countries analysed, and evaluates possible causes for this widespread rise in income inequality. The book goes on to offer the first empirical assessment of the relation between policies towards liberalization and globalization and income inequality.

Inequality, Growth, and Poverty in an Era of Liberalization and Globalization

Edited by Giovanni Andrea Cornia

Table of Contents

PART I: INCOME DISTRIBUTION TRENDS,THEORIES AND POLICIES 1. Inequality, Growth and Poverty: An Overview of Changes over the Last Two Decades, Giovanni Andrea Cornia2. Income Distribution Changes and Their Impact in the Post-World War II period, Income Distribution Changes and Their Impact in the Post-World War II period Giovanni Andrea Cornia and Tony Addison with Sampsa KiiskiPART II: TRADITIONAL CAUSES OF INEQUALITY: STILL RELEVANT FOR EXPLAINING ITS RISE IN THE 1980s-90s? 3. Land Ownership Inequality and the Income Distribution Consequences of Economic Growth, Michael Carter4. Does Educational Achievement Help Explain Income Inequality?, Daniele Checchi5. Rural and Urban Income and Poverty: Does Convergence Between Sectors Offset Divergence within Them?, Michael Lipton and Rob EastwoodPART III. RECENT FACTORS INFLUENCING THE DISTRIBUTION OF INCOME 6. Globalization, Technology and Income Inequality: A Critical Analysis, Ajit Singh and Rahul Dhumale7. External Liberalization, Economic Performance and Distribution in Latin America and Elsewhere, Lance Taylor8. Labour Market Institutions and Income Inequality: What are the New Insights after the Washington Consensus?, Rolph van der Hoeven and Catherine Saget9. Increased Income Inequality in OECD Countries and the Redistributive Impact of the Government Budget, Anthony B. Atkinson10. Income Distribution and Tax and Government Social Spending Policies in Developing Countries, Ke-young Chu, Amid Davoodi and Sanjeev Gupta11. The Impact of Adjustment Related Social Funds on Income Distribution and Poverty, Giovanni Andrea Cornia and Sanjay ReddyPART IV. COUNTRY CASE STUDIES 12. Reducing Poverty and Inequality in India: Has Liberalization Helped?, Raghbendra Jha13. Factor Shares and Resource Booms: Accounting for the Evolution of Venezuelan Inequality, Francisco Rodriguez14. The Impact of Financial Liberalization and the Rise of Financial Rents on Income Inequality: The Case of Turkey, Erinc Yeldan15. The Changing Nature of Inequality in South Africa, Carolyn Jenkins and Lynne Thomas16. Growth, Structural Change and Inequality: The Experience of Thailand, Isra SarntisartIndex

Inequality, Growth, and Poverty in an Era of Liberalization and Globalization

Edited by Giovanni Andrea Cornia

Author Information

Giovanni Andrea Cornia is currently professor of economics at the University of Florence. Before this, he was the Director of the World Institute for Development Economics Research (UNU/WIDER) in Helsinki (1995-2000), and Director of the Economic and Social Policy Research Programme at the International Child Development Centre (the world-wide research centre of UNICEF) in Florence (1989-95). He was also the Chief Economist at UNICEF Headquarters in New York (1981-89) and held research positions at UNCTAD, UNECE (with a long spell at ECLAC in Santiago) and the Economic Studies Centre of FIAT.